GAC moves ahead with Arctic strategy
MAY 23, 2013 — GAC Norway AS and Polar Logistics Group ApS (POLOG) have formed a strategic partnership to strengthen GAC’s network within the Arctic Circle. The move is the latest stage
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MEPC makes progress on BWM systems, and more
MAY 21, 2013 — Shipowners may now have a little more clarity on the issue of when they will need to fit the Ballast Water Management systems called for by a new
DNV reports increased revenues
MAY 15, 2013 — Classification society DNV reports that 2012 saw revenues increase by 27 percent compared to 2011, though high scrapping levels saw the number of ships and mobile offshore units
Subsea vessels fuel Vard order intake
MAY 14, 2013 — “We anticipate that the subsea construction vessel segment will continue to drive our growth this year, and we are confident about the group’s prospects for new orders for
Aker Philly in preliminary deal for 2-4 tanker newbuilds
MAY 6, 2013 — Aker Philadelphia’s strategy of building the last two ships in its long running Veteran Class of products carriers for its own account seems to have worked. Both have
Harvey Gulf in new $540 million fleet expansion
MAY 3, 2013 — Harvey Gulf International Marine CEO Shane Guidry today announced the execution of three agreements for vessels totaling $540 million, taking the company’s total capital expenditures since August 2008
Sembcorp Marine reports increased profits
MAY 3, 2013 — Singapore’s Sembcorp Marine today reported a 5 percent growth in net profit from Singapore S$113 million in 1Q 2012 to S$119 million in 1Q 2013. Group turnover for
ABS turned in record performance in 2012
APRIL 23, 2012 — Classification society ABS hosted its Annual Meeting in New York today. Chairman, Robert D. Somerville reported that, “despite the uncertainties of the global economy and of the shipping
Overhaul inspection of ME-GI engine draws U.S. operators
APRIL 19, 2013—Following up on the full scale demonstration of the ME-GI on April 17, Japan’s Mitsui Engineering & Shipbuilding Co. Ltd. hosted a group that included ship owners, operators, and naval
Wärtsilä “cautious” on shipbuilding outlook
APRIL 18, 2013 — “The beginning of 2013 developed according to our expectations. Order intake grew by 22 percent, thanks to good development in both Power Plants and Ship Power, especially in